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Companies in BOP markets will be forced into being ethical
Any long-term development plan of a multinational corporation is going to eventually turn to the market at the bottom of the pyramid. How long it will take for this approach to business to become popular is still to be determined, but with increasing globalization and emphasis on developing...
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Report from the G8 Edinburgh
Having been in the UK for the past couple of days, and not reading the American press, I don’t know how it is reporting on the events leading up to the G8 meeting scheduled to start July 6 a few miles from here, but I can tell you that it’s big news here.? A peaceful march of more than 250,000...
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A Dissenter Among Dissenters
In the spirit of the G8 protests, an activist that my friend saw in Bostonlast week carried a sign that said ’Abolish Poverty.’ No explanation on how todo it. Just a call to action.That sign best describes the G8 protests that I saw in Edinburgh, UK last Saturday. BobGeldorf...
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It’s expensive to be poor — but remittance costs are coming down
I’ve been attending a conference -- the International Forum on Remittances -- sponsored by the Inter-American Development Bank here in Washington for the past several days. The IADB has been very active in analyzing remittance flows, and just put up a new website on the subject at...
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Africa: The Impact of Mobile Phones II
?The ultimate aim of policymakers must be to create the conditions for private enterprise to make poverty history in Africa?Vodafone is at it again ? first, with their Social Impact of Mobile report; now, CEO Arun Sarin has penned an op-ed in today?s Financial Times (subscription...
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Two Portraits of the Millennium Challenge Corporation
The New York Times: A Timely DepartureThe Economist: MCC hammeredLast Sunday on their editorial page, The New York Times trashed the Millenium Challenge Corporation, President Bush’s flagship development assistance program, for not spending enough money and for focusing on land-titling and...
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Silicon Valley VC Firms Tap Energy, Water as World’s “Largest Markets”
When asked why investment in clean tech (such as solar energy, water purification systems and alternative automotive fuels) is on the upswing, Silicon Valley’s venture capitalists don’t hold back. In today’s New York Times, the answer is generally the same: profit. Furthermore, some leading...
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Who Watches the Watchdogs?
Wolfowitz, Ending African Tour, Calls for ChangesUnsurprising conclusions made by Paul Wolfowitz, President of the World Bank: the Bank needs to make changes in its bureaucratic structure, and government corruption doesn?t help in resolving the problem of poverty.? Indeed, back in 2002...
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